Global Defense IT Spending Market Size study & Forecast, by System, by Type, by Force and Regional Analysis, 2022-2029

Description

List of Tables

Global Defense IT Spending Market is valued at approximately USD 84.54 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 6.1% over the forecast period 2022-2029. Defense Information technology solutions comprised of products and services intended for cyber security, warfare, and digital assets management in the defence sector. Additionally, IT systems and services have their application in Command, Control, Communications, Computers, Combat System, Intelligence, Surveillance and Reconnaissance (C5ISR) systems. The rising global defence spending and growing requirement for Secure Communication Systems in Defense Sector are key factors driving the market growth.

In order to mitigate border threats and enhance defence infrastructure, countries across the globe increased their military expenditure. For instance - according to Stockholm International Peace Research Institute (SIPRI) - in 2020, the world military expenditure was estimated at USD 1981 billion, and the global military expenditure further increased to USD 2113 billion in 2021, witnessing an increase of over 0.7 percent. Additionally, in 2021, the United States spent around USD 801 billion in military expenditure followed by China with USD 293 billion spending, and India with spending of USD 76.6 billion. Also, increasing preference towards advanced technology-based weapons and systems and growing emergence of AI and ML technologies would create a lucrative growth prospectus for the market over the forecast period. However, the lack of standardization in defence IT solutions offered by different vendors stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Defense IT Spending Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the increasing spending on IT solutions from defence sector and presence of leading market players in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising incidences of border conflicts and increasing defense cybersecurity services in the region.

Major market players included in this report are:

Accenture
Amazon.com, Inc.
BAE Systems plc
Dell, Inc.
General Dynamics Corporation
Hewlett Packard Enterprise Development LP
International Business Machines Corporation (IBM)
Microsoft Corporation
Northrop Grumman Corporation
Oracle Corporation

Recent Developments in the Market:

In October 2019, the U.K. Ministry of Defense (MOD) awarded USD 31.3 million contract to France based Atos SE. This contract is part of MOD's CORTISONE Program, and Atos SE would offer solutions for digital transformation in the delivery of healthcare within the UK's Defense IT services
In April 2022, Bandung-based state-owned defence electronics firm PT Len Industri entered into an agreement with Thales for joint defence technology developments for Indonesian defense sector. Moreover, under this partnership, both the players would jointly explore and develop different solutions for ministry of defense including radars, command-and-control systems (C2), military satellites, C5ISR (command, control, computers, communications, cyber, intelligence, surveillance, and reconnaissance), electronic warfare (EW), UAVs (unmanned aerial vehicles), and combat management systems (CMS).

Global Defense IT Spending Market Report Scope:

Historical Data: 2019-2020-2021

Base Year for Estimation: 2021

Forecast period: 2022-2029

Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered: System, Type, Force, Region

Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By System

IT Infrastructure
Cybersecurity
Logistics & Asset Management
Others

By Type

Services
Hardware
Software

By Force

Defense Forces
Civilian Forces

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Defense IT Spending Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Defense IT Spending Market, by System, 2019-2029 (USD Billion)
- 1.2.3. Defense IT Spending Market, by Type, 2019-2029 (USD Billion)
- 1.2.4. Defense IT Spending Market, by Force, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Defense IT Spending Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Defense IT Spending Market Dynamics

3.1. Defense IT Spending Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Rising global defence spending
  - 3.1.1.2. Growing requirement for Secure Communication Systems in Defense Sector
- 3.1.2. Market Challenges
  - 3.1.2.1. Lack of standardization
- 3.1.3. Market Opportunities
  - 3.1.3.1. Increasing preference towards advanced technology-based weapons and systems
  - 3.1.3.2. Growing emergence of AI and ML technologies

Chapter 4. Global Defense IT Spending Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Defense IT Spending Market, by System

6.1. Market Snapshot
6.2. Global Defense IT Spending Market by System, Performance - Potential Analysis
6.3. Global Defense IT Spending Market Estimates & Forecasts by System 2019-2029 (USD Billion)
6.4. Defense IT Spending Market, Sub Segment Analysis
- 6.4.1. IT Infrastructure
- 6.4.2. Cybersecurity
- 6.4.3. Logistics and Asset Management
- 6.4.4. Others

Chapter 7. Global Defense IT Spending Market, by Type

7.1. Market Snapshot
7.2. Global Defense IT Spending Market by Type, Performance - Potential Analysis
7.3. Global Defense IT Spending Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
7.4. Defense IT Spending Market, Sub Segment Analysis
- 7.4.1. Services
- 7.4.2. Hardware
- 7.4.3. Software

Chapter 8. Global Defense IT Spending Market, by Force

8.1. Market Snapshot
8.2. Global Defense IT Spending Market by Force, Performance - Potential Analysis
8.3. Global Defense IT Spending Market Estimates & Forecasts by Force 2019-2029 (USD Billion)
8.4. Defense IT Spending Market, Sub Segment Analysis
- 8.4.1. Defense Forces
- 8.4.2. Civilian Forces

Chapter 9. Global Defense IT Spending Market, Regional Analysis

9.1. Defense IT Spending Market, Regional Market Snapshot
9.2. North America Defense IT Spending Market
- 9.2.1. U.S. Defense IT Spending Market
  - 9.2.1.1. System breakdown estimates & forecasts, 2019-2029
  - 9.2.1.2. Type breakdown estimates & forecasts, 2019-2029
  - 9.2.1.3. Force breakdown estimates & forecasts, 2019-2029
- 9.2.2. Canada Defense IT Spending Market
9.3. Europe Defense IT Spending Market Snapshot
- 9.3.1. U.K. Defense IT Spending Market
- 9.3.2. Germany Defense IT Spending Market
- 9.3.3. France Defense IT Spending Market
- 9.3.4. Spain Defense IT Spending Market
- 9.3.5. Italy Defense IT Spending Market
- 9.3.6. Rest of Europe Defense IT Spending Market
9.4. Asia-Pacific Defense IT Spending Market Snapshot
- 9.4.1. China Defense IT Spending Market
- 9.4.2. India Defense IT Spending Market
- 9.4.3. Japan Defense IT Spending Market
- 9.4.4. Australia Defense IT Spending Market
- 9.4.5. South Korea Defense IT Spending Market
- 9.4.6. Rest of Asia Pacific Defense IT Spending Market
9.5. Latin America Defense IT Spending Market Snapshot
- 9.5.1. Brazil Defense IT Spending Market
- 9.5.2. Mexico Defense IT Spending Market
- 9.5.3. Rest of Latin America Defense IT Spending Market
9.6. Rest of The World Defense IT Spending Market

Chapter 10. Competitive Intelligence

10.1. Top Market Strategies
10.2. Company Profiles
- 10.2.1. Accenture
  - 10.2.1.1. Key Information
  - 10.2.1.2. Overview
  - 10.2.1.3. Financial (Subject to Data Availability)
  - 10.2.1.4. Product Summary
  - 10.2.1.5. Recent Developments
- 10.2.2. Amazon.com, Inc.
- 10.2.3. BAE Systems plc
- 10.2.4. Dell, Inc.
- 10.2.5. General Dynamics Corporation
- 10.2.6. Hewlett Packard Enterprise Development LP
- 10.2.7. International Business Machines Corporation (IBM)
- 10.2.8. Microsoft Corporation
- 10.2.9. Northrop Grumman Corporation
- 10.2.10. Oracle Corporation

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Defense IT Spending Market, report scope
TABLE 2. Global Defense IT Spending Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Defense IT Spending Market estimates & forecasts by System 2019-2029 (USD Billion)
TABLE 4. Global Defense IT Spending Market estimates & forecasts by Type 2019-2029 (USD Billion)
TABLE 5. Global Defense IT Spending Market estimates & forecasts by Force 2019-2029 (USD Billion)
TABLE 6. Global Defense IT Spending Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Defense IT Spending Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Defense IT Spending Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Defense IT Spending Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Defense IT Spending Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Defense IT Spending Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Defense IT Spending Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Defense IT Spending Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Defense IT Spending Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. Global Defense IT Spending Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Defense IT Spending Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 17. U.S. Defense IT Spending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. U.S. Defense IT Spending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 19. Canada Defense IT Spending Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 20. Canada Defense IT Spending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. Canada Defense IT Spending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 22. UK Defense IT Spending Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 23. UK Defense IT Spending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. UK Defense IT Spending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 25. Germany Defense IT Spending Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 26. Germany Defense IT Spending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. Germany Defense IT Spending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 28. France Defense IT Spending Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 29. France Defense IT Spending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. France Defense IT Spending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 31. Italy Defense IT Spending Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 32. Italy Defense IT Spending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Italy Defense IT Spending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 34. Spain Defense IT Spending Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 35. Spain Defense IT Spending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. Spain Defense IT Spending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 37. RoE Defense IT Spending Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 38. RoE Defense IT Spending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. RoE Defense IT Spending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 40. China Defense IT Spending Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 41. China Defense IT Spending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. China Defense IT Spending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 43. India Defense IT Spending Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 44. India Defense IT Spending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. India Defense IT Spending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 46. Japan Defense IT Spending Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 47. Japan Defense IT Spending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. Japan Defense IT Spending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 49. South Korea Defense IT Spending Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 50. South Korea Defense IT Spending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. South Korea Defense IT Spending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 52. Australia Defense IT Spending Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 53. Australia Defense IT Spending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. Australia Defense IT Spending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 55. RoAPAC Defense IT Spending Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 56. RoAPAC Defense IT Spending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. RoAPAC Defense IT Spending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 58. Brazil Defense IT Spending Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 59. Brazil Defense IT Spending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Brazil Defense IT Spending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 61. Mexico Defense IT Spending Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 62. Mexico Defense IT Spending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. Mexico Defense IT Spending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 64. RoLA Defense IT Spending Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 65. RoLA Defense IT Spending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. RoLA Defense IT Spending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 67. Row Defense IT Spending Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 68. Row Defense IT Spending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. Row Defense IT Spending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Defense IT Spending Market
TABLE 71. List of primary sources, used in the study of global Defense IT Spending Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Defense IT Spending Market, research methodology
FIG 2. Global Defense IT Spending Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Defense IT Spending Market, key trends 2021
FIG 5. Global Defense IT Spending Market, growth prospects 2022-2029
FIG 6. Global Defense IT Spending Market, porters 5 force model
FIG 7. Global Defense IT Spending Market, pest analysis
FIG 8. Global Defense IT Spending Market, value chain analysis
FIG 9. Global Defense IT Spending Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Defense IT Spending Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Defense IT Spending Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Defense IT Spending Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Defense IT Spending Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Defense IT Spending Market, regional snapshot 2019 & 2029
FIG 15. North America Defense IT Spending Market 2019 & 2029 (USD Billion)
FIG 16. Europe Defense IT Spending Market 2019 & 2029 (USD Billion)
FIG 17. Asia Pacific Defense IT Spending Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Defense IT Spending Market 2019 & 2029 (USD Billion)
FIG 19. Global Defense IT Spending Market, company Market share analysis (2021)